Question: Answer ALL the questions. Show your calculations. The following data is taken from the financial statements of company Fairuz Sdn Bhd. Based on the data

Answer ALL the questions. Show your calculations.

The following data is taken from the financial statements of company Fairuz Sdn Bhd.

Based on the data below, calculate the following. Show all your calculations:

Sales

640,000

Cost of Goods Sold

380,000

Cash

30,000

Marketable Securities

40,000

Account Receivable

70,000

Inventory

150,000

Net Fixed Assets

300,000

Current Liabilities

120,000

Operating Expenses

25,000

Interest

6,000

Notes Payable

70,000

Equities :

Ordinary Shares

Preference Shares

Retained Earnings

150,000

100,000

20,000

Tax

40%

  1. Ratios:
  1. Current Ratio
  2. Quick Ratio
  3. Net Working Capital
  4. Average Collection Period (assume 365 days)
  5. Inventory Turnover
  6. Time Interest Earned
  7. Gross Profit Margin
  8. Net Profit Margin
  9. Operating Profit Margin

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